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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | Listed by Compass RE Texas, LLC - SA | $460,000 | |
| Listed by Compass RE Texas, LLC - SA | |||
| Oct 16, 2023 | No longer available | - | |
| No longer available | |||
| Sep 23, 2023 | Listed by PHYLLIS BROWNING COMPANY | $500,000 | |
| Listed by PHYLLIS BROWNING COMPANY | |||
| | |||
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Located in the picturesque Texas Hill Country, this charming 1.5-story farmhouse and greenhouse offer the perfect retreat for those seeking tranquility amidst the natural beauty of the region. Set on just over one acre, this property exudes rustic elegance and harmoniously blends into its serene surroundings. Once you step inside, you are immediately greeted by the warm & inviting ambiance of today's farmhouse. The open-concept floor plan seamlessly merges the living, dining, and kitchen areas, creating a spacious and communal atmosphere. Natural light illuminates the living space and highlighting the open staircase to the flex room upstairs. The kitchen is a a cook's wood and bead board cabinets, neutral granite countertops, stainless steel appliances, and oil rubbed bronze fixtures. t also features a raised breakfast bar overlooking the family room. With ample counter space and storage, this kitchen is perfect for preparing gourmet meals for a either a party or a casual family gathering. The home boasts three spacious bedrooms on the main level, each offering a serene haven for rest and relaxation. The primary bedroom features an updated ensuite bathroom with luxurious, modern finishes. The remaining bedrooms are complemented by a shared, recently updated bathroom, providing ample privacy and comfort for family members or overnight guests. Other recent updates include: new windows, new indoor and outdoor AC unit, new metal fence, 1700 gallons water storage, and an RV port located on site. Sellers recently added extra blown-in fiberglass insulation in attic.The greenhouse is a haven for green thumbs. The outside also features a chicken coop (chickens can be included) and oversized and detached garage/workshop. The grounds provide ample space for outdoor activities and entertaining. From hosting barbecues on the large patio to evening bonfires under the starlit Texas sky, this property allows residents to fully embrace the charm of country living. The manager has listed the unit size as 1780 square feet.
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| Apr 15, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017